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Three White Soldiers

Three White Soldiers is a candlestick pattern, which shows the strength of the advancing market.

It is a group of three white candles, each opening within or near the previous candle's white real body with consecutively higher closes. If this pattern appears after a consolidation, then it is a sign of strength ahead. Each of the white candlesticks should close at, or near, its highs. It is a healthy method for the market to rise.

If the consecutive white candles decreases in height, we get advance block pattern.

If the third candle has a small real body, we get a stalled pattern.

If the white candlesticks are very extended, one should be cautious about an overbought market.

Study the chart given below.

three white soldiers




Counter part of this pattern in a candle chart is Three Black Crows.






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